banks market in terms of revenue. The growth was mainly driven by
the adoption of these power banks in the matured economies such as
Western Europe and North America. Large number of consumer base
in these regions with two or more gadgets mostly prefer to have a cost
effective power banks which can charge two smart gadgets
simultaneously. Power banks market is also segmented based on the
type of battery (it consists) as Li-ion and Li-polymer power banks. In
2013, Li-ion power banks accounted for major share accounting
almost 86% of the global power banks market in terms of unit
shipments.
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